August 10, 2020 BY Steffy Bogdanova

The US sanctions Hong Kong officials for undermining city’s autonomy

Many foreign banks reportedly started to preemptively refuse accounts of senior Hong Kong officials as early as the end of July. Local politician Bernard Chan, part of the cabinet that Hong Kong’s chief executive Carrie Lam said US banked closed his accounts. Closing of accounts is the first step of banks’ compliance with the US…

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